Government to introduce bill for funding varsities set up by states

The Central government is all set to introduce a bill in Parliament with an aim to provide more funding to universities set up by state governments.

The proposed bill would be introduced in the budget session of Parliament. Giving this information, HRD Minister M M Pallam Raju said, "Universities can either be created out of Acts of Parliament or an Act of Legislatures.

All the Universities that have been created by Act of Parliament are funded by the UGC.’ He added, ‘it is important that they also take responsibility to fund them well. Otherwise, it is meaningless to start a university.’